How and why this Coin Will Make 10x in the upcoming weeks🚨👇
I decided to analyze one coin for you, namely AVAX.(Avalanche)
First of all this is RWA category coin and this category will make history in this Bull Cycle 🚀✅
Before I begin...👇🔥I'll likely make my content private soon, so make sure to follow me here , so u won't miss this and my future content.And if you appreciate my work, retweet and like the post to support my work.
The coin is trading near the most important levels, from which we have previously seen a strong increase in purchases and further price growth.
🔥🚀 After the last significant rise in the coin, we got a logical correction to collect the remaining liquidity, but we have already reached the areas where we should expect a reversal.
From the marked trading range ($22-$22) it is worth considering a set of medium-term position on spot.
🚀The asset looks very good on the reversal of the local trend and further growth to its upper boundaries (non-financial advertising) 🔥
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Avalanche price echoes its 2021 rally with renewed whale activity and bullish momentum. Analysts predict a potential 1340% surge to $347.

Avalanche Price Action Mimics 2021, Analyst Predicts $347 Spike
In a recent tweet, crypto analyst fabioviriba highlights interesting similarities between AVAX’s current price trajectory and its 2021 rally. The attached chart highlights three distinct phases in Avalanche price prediction. It begins with an extended accumulation period, followed by an initial upswing leading to a corrective phase, setting the stage for the actual rally.
This pattern led to a massive surge from $3 to $147 in 2021, a staggering 4,800% gain.
The bullish narrative surrounding the U.S. presidential election has sparked bottom formation for most major altcoins, including AVAX. Over the past five weeks, the AVAX price traded sideways, struggling to sustain above the $30 psychological level.
This consolidation in the daily chart shows the formation of a bullish reversal pattern called inverted head and shoulder. As the Avalanche price prepares for an InH&S pattern breakout, the analyst predicts a potential surge to $347, registering a potential growth of 1340%.
Source: Trading View
AVAX Price Poised for Bullish Reversal Amid Rising Whale Activity
Large holders have demonstrated renewed activity as Avalanche price gears up for a potential bullish reversal. According to Intotheblock data, AVAX’s number of large transactions surged to 671, peaking on November 3.
This uptick in large transactions indicates heightened activity among whale or intuitional buyers, potentially bolstering the altcoin price. Historically, whale activity has led to major market movements.
According to the global In/Out of the Money indicator, Avalanche’s price may face significant selling pressure at the $28.79 level, supported by the 26.63 million AVAX supply across 1.1 million addresses.
Another resistance investor should look for is $44.82, backed by 19.66M AVAX coins held among 1.09M.

Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research. Avalanche Price Mirrors 2021 Rally; Analyst Aims $347 AVAX Rull Run.
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Avalanche price may be on the cusp of a 56% bull run if it flips the important resistance level at $31 into a support

Avalanche Price Looking to Retest $42
Technicals point to a potential Avalanche price rally, which could see it rise to the important resistance level at $42, its highest level on May 22.
Odds of this rally rose after the coin found a strong along the ascending trendline that connects the higher lows since August 7. It is also attempting to rise above the 50-day and 100-day Exponential Moving Averages (EMA), signaling that bulls are about to regain control.

Additionally, Avalanche price oscillators have started to point upward, with the Relative Strength Index (RSI) crossing the neutral point of 50. The two lines of the MACD indicator have also pointed upwards and are about to cross the zero line.

Therefore, a volume-supported move above the resistance level at $31, will point to more gains to $42. Such a rally would imply a 56% comeback from the current level.
Image source: Trading View
On the other hand, a drop below the ascending trendline will invalidate the bullish view and signal that there are more bears left in the market. If that happens, AVAX token will drop to the next key support at $17.27, its lowest point in August.
Some analysts believe that Avalanche may continue doing well in the coming weeks. In an X post, CryptoDoc, a popular analyst with 70k followers, predicted that it may have a bullish breakout provided it remained between $22 and $26.

Potential Catalysts For The AVAX Surge
Several catalysts may push the price of Avalanche higher in the near term. In a statement on Thursday, Avalanche said that it acquired 1.9 million AVAX tokens from the collapsed Luna Foundation Guard. Initially set at $45 million, the tokens were now worth $53 million.
Meanwhile, the Federal Reserve may decide to cut interest rates in its November meeting. A rate cut, a day after Donald Trump won the election, may trigger more gains among risky assets, including cryptocurrencies.

Network data shows that the Avalanche blockchain is doing well as the number of active addresses has risen to 94,154, its highest level in two weeks.
Additionally, Avalanche has had several high-profile collaborations in the past few months. Most recently, it was selected to participate in Kinexys, a project by JP Morgan, the biggest bank in the United States. The partnership will explore privacy and identity solutions for large institutions.

Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research. Information source online media. Avax to the Moon 🚀

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